The Progress Incubator Program for Startups

The Progress Incubator Program: Supporting Innovation and entrepreneurship in Hyderabad

Are you struggling day in and day out to get your business app across the market? Do you have a great app plan in mind, but are stuck in the slow progress of its inception? If you are among those who wish to develop their idea into an app, get it built at low costs and introduce it into the market as soon as possible, then you must head to the Incubator program, that is organized by ‘Progress Software’ from 1^st November 2015.

About the program

Propelled last year, the 2015 edition marks the second year of this program. The Incubator Program aims to guide early stage startups who are into building business apps. From the initial prototyping to the completion of development of the app, Progress Incubator Program will be there at each stage.  Apart from just providing support, the company will also provide the participants access to the company’s cloud app development platform and help in reducing the hurdles to entry by providing space and infrastructure to the shortlisted startups. The startups who get a chance to be a part of this program will get advisory access to Progress’s substantial R&D expertise. The vision of Progress is to enable startups to create the next gen of business applications leveraging low-costs, faster time-to-market, and high-productivity solutions.

The major advantage one gets by being a part of this program is the years of expertise Progress has in the industry. Progress engineers will be available to help the startups by lending their domain expertise, mentoring and provide access to markets- depending on the merit of your idea. Plus, the cloud app development software provided by Progress will ease the entry of early stage startups into the market. This program will provide access to Progress cloud app development platforms to build your business solutions.

About the organizers

Progress is a solution for all those entrepreneurs who have the idea but face difficulties while turning them into reality.  The main focus of this company is to rapidly develop and deliver transformative web and mobile apps. Since 1981 Progress has been committed to delivering market-leading technology innovations that empower their partners and customers to dramatically improve the development, deployment, integration and management of their business applications. Progress’s technology is used by nearly 140,000 organizations in more than 180 countries, and powers a community of over 1.7 million developers.

Progress mainly offers solutions in these domains –

• Application development and deployment platforms
• UI development tools
• Data connectivity
• Business rules management
• Testing & ALM
• CMS & Digital experience

“We are pleased to announce the successful completion of our pilot cohort program at our Incubator and the launch of its second edition. With this initiative, we are trying to provide a nurturing ground for very early stage startups which otherwise at this stage do not get any concrete support. We hope to bring our deep product engineering and product go-to-market insights to these startups.” Says Ramesh Loganathan, MD & Vice President – Products and MD of Progress India.

How will the program work?

The program is a 6-month program for startups that have their initial prototypes and business plans in place. The program will provide enablement and accelerated validation and refinement of their idea and help building their solution, through advisory, mentorship and access to market and domain expertise. The center will provide mentorship and access to markets.

Highlights of the program

• It is a 6 months program beginning from 1^st November 2015.
• It will have 5-6 startups per cohort
• The startups will have access to the Program cloud app development
• All the shortlisted startups will receive development assistance all round these 6 months
• Once the app is developed, they will be allowed to reach out to investors.

What this program has in store for participating startups?

The shortlisted startups will get:

• Incubation – They will be provided with space, infrastructure, R&D expertise, and the cloud-based Progress app development platform—which is SaaS and Mobile-ready—to help the startups build their application.
• Access to Progress cloud app development software products – Startups will have access to Progress Software’s Cloud platform, help in using it, solution architecture advice, which will help startups build or enhance their prototype.
• Market entry assistance – Given the business expertise of Progress Software, they will help startups tweak their product idea and business strategy, and get market validation before they actually go to market.
• Interaction with investors – At the end of the program, they will help startups connect with investors/venture capitalists for funding.

The program is all set to happen at the Progress Software Hyderabad dev labs in iLab center, Hyderabad.  The invitation to apply for this program is still open . The program is open for any eligible startup or university across India. So, if you are among those people who have the prototype, but are stuck up somewhere or the other to develop your business app, then you know now what to do – simply register for this 6 month program and reap all the benefits offered by Progress.

5 startups will be shortlisted after the deadline of the application process. So, hurry up and register yourself ASAP.

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